Lack Of Investments Hindering Nigeria’s Petroleum Sector Growth – Agusto & Co
The Agusto & Co. 2020 Oil & Gas Downstream Report revealed that the growth of the Nigerian Oil and Gas Downstream Industry remains hindered by the lack of substantial investments, import constraints and regulated pump prices. This is largely attributable to the dominance of the government in the Industry, particularly in relation to the importation of refined […]
Buhari Commissions 17- Storey NCDMB Building
President Muhammadu Buhari Thursday commissioned the new headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa State, with a pledge to spend more on infrastructure across the country and focus on finishing projects delivered by local contractors and technology that create jobs for thousands of Nigerians. The President commissioned the [...]
Brent Crude Price Rise On Gulf Of Mexico Storm Devastation
The price of Brent crude oil edged higher on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks. But gains were capped amid renewed concern over the COVID-19 pandemic, which has squeezed fuel demand, after reports from Europe [...]
Youths Attack Customs Official, Set Ablaze Patrol Vehicle In Ogun State
The Nigeria Customs Service in Ogun State has reported an encounter with suspected smugglers leading to death of one suspect. The Custom team trailing the smugglers also encountered an attack from angry youths who set ablaze one of their patrol vehicles. According spokesperson of the Command, HB Oloyede, “On Tuesday, 11th August, 2020, at about […]